Damn John McAfee was an interesting guy...
13:10 - "Crypto is not there for you to invest in for fucks sake...
Crypto is there to FREE you from the burden of a corrupt and powerful government... to free you from the financial slavery to a fiat currency"
🤯🍄
John was true freedom fighter until the last moment of his life!
What a quote
R.I.P.⚰️⚰️⚰️
Almost comical at this point. The TWAP seller has increased his size to just under 3 DESO sold every single minute. This has been nonstop for a long, long time. You can see it at the :50 mark of every minute in the trade history on Coinbase.
This is now the equivalent of a 15% inflation rate or emission. People wondering why the coin is underperforming the rest of the market by such a wide margin have to look no further.
The only saving grace is that this holder can only keep this up for another year assuming he started with 30% of the total supply. He has sold well over 1 million DESO in this TWAP the past year plus. This should spring like a beachball being held under water… eventually.
@nader - who were the biggest preferential buyers the BitClout bonding curve in March of 2021? You must know the players who had this much supply to dump like this. It’s undeniable at this point and the sheer size is astounding.
I know people are looking for positive vibes but that’s not the reality in the DESO token market right now… I’ll be back when there is some positive activity to report. The negative stuff is exhausting. Cheers all and good luck.
TWAP seller increasing his size by about 70%…. Now selling approximately 1.2 DESO every minute. It’s hitting the book on the 40 second mark of every minute on Coinbase. This is approximately 1728 DESO sold every day which is the equivalent of a 6% inflation or “emissions” for DESO.
Most of this finds its way into the hands of the market maker/s on Coinbase who then sell it back into the market.
The nonstop TWAP seller on Coinbase for what seems like a year and a half or more is like repetitive paper cuts to the market, or Chinese water torture. It won’t do fatal damage but it is incredibly irritating and exhausting.
DESO holders have been put through the wringer.
🙌🔥❤️